This is an opportunity to turn this corner lot with Traffic controll in place, in the heart of The Planned Commercial District, Into a thriving business. This would be a great location for a ton of different options. . . Dairy Queen would kill it. . . There is an original Farmhouse Sitting on the property now which is currently Occupied and That has a new roof. Rt 6 is an up and coming busniness hub with anchor stores such as walmart, Mc Donalds , Dunkin Donuts , Ocean state Job Lot, Various Car Dealerships etc. . Traffic counts over 15000 , per day . Land Behind This Property at 16 Allen Hill Rd Is also for sale @4. 5 Acres as well as 19. 1 acres abutting, and 0 Allen Hill rd . Assemblage of these properties would be the best use of the Land. and give the opportunity for a large development that according to the First selectman, would also want a form of housing on the property, condo , apartments, mixed use. cannabis Retail
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NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $520,000 | $520,000 | $520,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $141 | $141 | $141 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,460 | $3,456 | $4,385 |
Total Monthly Payment | $3,693 | $3,689 | $4,618 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.